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Powell: Basel III is not the Fed's answer to Silicon Valley Bank | American Banker

Retrieved on: 2024-03-07 20:56:15

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Powell: Basel III is not the Fed's answer to Silicon Valley Bank | American Banker. View article details on HISWAI: https://www.americanbanker.com/news/powell-basel-iii-is-not-the-feds-answer-to-silicon-valley-bank

Summary

Article text indicates Federal Reserve Chair Jerome Powell distancing the Basel III reforms from responses to the Silicon Valley Bank failure, underscoring a focus on liquidity and supervision enhancements rather than capital requirements alone. The discussion touches on bank regulation, Fed policy, and congressional interactions.

Article found on: www.americanbanker.com

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